Robert W. Baird Raises Union Pacific (NYSE:UNP) Price Target to $265.00

Union Pacific (NYSE:UNP) had its target price upped by equities research analysts at Robert W. Baird from $260.00 to $265.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “outperform” rating on the railroad operator’s stock. Robert W. Baird’s price objective points to a potential upside of 6.45% from the company’s current price.

UNP has been the topic of a number of other research reports. JPMorgan Chase & Co. cut their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company decreased their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Finally, StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Nine research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $262.57.

Union Pacific Price Performance

UNP stock opened at $248.94 on Friday. The company has a market cap of $150.92 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a 50-day moving average price of $234.05 and a two-hundred day moving average price of $239.40. Union Pacific has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period in the prior year, the company posted $2.71 earnings per share. As a group, research analysts predict that Union Pacific will post 10.96 EPS for the current year.

Hedge Funds Weigh In On Union Pacific

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the second quarter worth $28,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter worth about $29,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific in the 3rd quarter worth about $30,000. Jamison Private Wealth Management Inc. boosted its holdings in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. Finally, Dunhill Financial LLC grew its position in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.